So I can't buy as much property as I what.NOTE FROM MODERATOR: PLEASE REPLY TO THIS THREAD ONLY WITH HARD DATA TO JUSTIFY YOUR ANSWER.

How would you characterize your area, is it low income rental properties or more moderate income properties owner occupied?

Its a duplex in a moderately bad area that I've lived in close to all of my life.

I did see something that said, for estimating repairs, you should first determine how damaged a home is and then take a rough number from 5-25 (5 on a home that isn't in bad condition) and multiply it by the square footage of the home So a home that needs moderate repairs and is 1000 sq ft may need 10-15K in repairs Is that a valid rule of thumb?

I want to add a moderator to my syndication group.

So, partying and hanging out aside (which I did in moderation), the fact that I went to school to get my degree only to "work for someone else" makes my education a poor investment?

So I'll be able to breath again.Last thing I want to mention, and I hope the moderators will allow it...

Yu,Although I anticipate the rate of appreciation will moderate this year and the next couple of years, I believe there is a high chance that you will get your $570k price in the next 3 to 5 years instead of 7 years.

Besides that, how in the world can they even begin to lump all sections of any at least moderately sized city into one lump category?

I've already made several improvements to the property including new gutters, french drainage system, some moderate plumbing work (shut off valve installation), repair and resealed asphalt parking area, and updated the units kitchen and bathroom I'm living in.I'm considering installing insulation in the building via blown in cellulose/fiberglass, new windows for building, and new landscaping (currently there is none).